Foreclosure Homes in Montebello, CA 90640

Buyer vs Seller Market in Montebello, CA

The real estate market in Montebello has remained stable in recent months, characterized by a healthy balance of supply and demand. Buyers are drawn to the area's affordability compared to surrounding cities, yet home values have seen moderate growth, making it an attractive investment opportunity.

There is an increased interest in townhome and condo developments, as more buyers seek low-maintenance living options while benefiting from the amenities and services the city offers. Experts anticipate continued demand for established neighborhoods as young professionals and families look to plant roots in a convenient location.

Rent Prices In Montebello, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montebello, CA, is on a rollercoaster ride. The average rent price in Montebello, CA, is $2,414.00. Indeed, when looking to rent in Montebello, CA, you can expect to pay as little as $1,480.00 or as much as $4,880.00, with the average rent median estimated to be $2,430.00. The good news is that finding an affordable and desirable property to rent in Montebello, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.